30.1 C
Riyadh
Sunday, May 22, 2022
Olayan Al Wetaid, stc Group CEO Olayan Al Wetaid, stc Group CEO, said that the enterprise business unit reported revenue growth of 16.3% for the first quarter of 2022. This growth was spurred by strong demand from the public and private sectors for innovative products and services, and the company’s ability to fulfil the various…
DAMMAM: General Electric Saudi Advanced Turbines has been awarded a new contract to build three gas turbines at Aramco’s Tanajib oilfield, based 200 km north of Dammam in the Kingdom’s Eastern Province. The deal was handed out by South Korean conglomerate Samsung, which is the engineering, procurement and construction manager of the project, with Saudi Aramco…
SAR 500 currency notes Residential real estate finance provided for individuals by banks in Saudi Arabia declined 15% year-on-year (YoY) to SAR 15.3 billion in March, data issued by the Saudi Central Bank (SAMA) showed. When compared to February, mortgage loans increased by nearly SAR 6.49 billion - the highest in almost one year. The…
MENA project tracker— Abu Dhabi allocates $10bn to utilities; Iraq completes reconstruction projects despite setbacks  RIYADH: Abu Dhabi plans to set aside $10 billion for utilities transmission and distribution infrastructure, while Iraq shows continued reconstruction efforts despite setbacks.  Abu Dhabi Abu Dhabi has revealed its plans to allocate $10 billion to utilities transmission and distribution…
Saudi Gazette report RIYADH — Saudi Arabia has postponed all the recreational and sporting events and festivities that are scheduled to be held from Friday till Monday, May 13-16, in all regions of the Kingdom following the death of the UAE President Sheikh Khalifa Bin Zayed Al Nahyan.The Ministry of Culture, the Ministry of Tourism,…
RIYADH: At a time when one might view analog photography as an outdated craft, it is, in fact, becoming increasingly popular across the world, including in Saudi Arabia. “Photos are the closest humanity has gotten to time travel,” said photographer Abdullah Al-Azzaz, whose has followed in the footsteps of his father, Saleh, who was also…
On Saturday, the Committee for the Undeveloped Neighborhoods in Jeddah issued letters to residents of the Bani Malik, al-Wurud, al-Mosharafa, University, al-Rehab, al-Aziziyah, al-Rawabi, al-Rabwa, al-Mountazah, Quwaizah, al-Adl, al-Fazl, Umm al-Salam, and Northern Kilo 14 and ordered them to vacate in preparation for razing of the homes.The committee had previously stated that it would halt…
UN food agency director hails Saudi Arabia’s ‘most important’ aid efforts in Yemen RIYADH: The UN World Food Program’s representative in Yemen has hailed crucial Saudi efforts in helping the organization to meet the war-torn country’s urgent sustenance needs. In an exclusive interview, Richard Ragan told Arab News that the Kingdom had played a vital…
DUBAI: There is something reassuring about a hotel brand that has lasted and flourished for over 100 years. Besides weathering cataclysmic events during this period, the Hilton Group has endured the universal pandemic and emerged full of learning and strength. “One of the reasons we have been in business for 103 years and doing that…
Breaking the news on the frontlines of war — Arizh Mukhammed on finding her ‘courage’ The old adage that women have to work twice as hard for half the recognition clearly applies to war correspondent Arizh Mukhammed. Working as a Sky News reporter based in Moscow, she has the demanding role of reporting from the…